Nvidia, Caterpillar and other winners and losers from DeepSeek’s emergence, according to JPMorgan - MarketWatch
1. Nvidia may benefit from rising demand for AI chips due to DeepSeek. 2. JPMorgan notes higher compute complexity will drive chip demand for Nvidia. 3. DeepSeek's emergence may negatively impact Intel's server CPU demand. 4. Broader tech ecosystem, including Meta and Amazon, will experience positive effects. 5. Potential delays in power generation projects could harm companies like Caterpillar.